Poland has been promoted to Advanced Emerging status in the market classification by FTSE, one of the world’s largest institutions calculating and publishing 120 thousand different indices.
As of 22 September 2008, all indices published by FTSE covering Polish instruments will classify the Polish market as Advanced Emerging. The category includes among others South Korea and Taiwan.
“FTSE’s decision reflects the growing importance of the Polish capital market on the international scene. It also gives an important signal to foreign investors who exert a strong impact on prices on the WSE,” said WSE President Ludwik Sobolewski.
Imogen Dillon Hatcher, Managing Director, FTSE Europe Middle East and Africa said: “We are pleased to welcome Poland’s capital markets to Advanced Emerging status. Poland has a strong investment environment, which has made significant changes to its regulations, investment procedures and systems enhancing international investors’ access to its market. Poland has been added to Advanced Emerging status in FTSE from the opening of markets today.”
